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Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance; sustainability report) concerns 1,200-1,300 companies in Czechia (mainly large corporations purchasing new cars usually on operational leasing), many of them just getting to know issue of sustainability reporting (according to CSRD directive, start of effectiveness in 4 waves in 2025-2029, impact also on small and medium-sized enterprises/SMEs in subcontracting chain as part of calculation of carbon footprint of large enterprises) and is not yet significantly reflected in sales of electric vehicles (BEVs)
October 22, 2024 | 09:58am CETflashread more
Quality Days 2024: Czech Society for Quality (ČSJ) to hold conference on modern approaches in quality, improvement in Prague, Czechia on November 12 with separate section 'Quality in automotive industry'. Representatives of Škoda Auto, Bentley Motors, KION Stříbro, Cognexa, NQA, DQS Slovakia, VDA, ČAUI (Czech Association of Artificial Intelligence) to speak at event
October 22, 2024 | 09:53am CETflashread more
Stellantis extended production suspension of Fiat 500e BEV (September 13 – October 11) in Turin, Italy (Mirafiori plant) until November 1, due to continued weak demand. However, carmaker confirmed that it intends to invest EUR 100 million to equip model with more-performance battery
October 22, 2024 | 09:48am CETflashread more
National Development Bank (NRB) accepted 5,907 applications for 6,140 electric vehicles (5,946 passenger cars, 191 light commercial vehicles, 3 trucks), 2,696 charging stations in Czechia during almost seven months (30 weeks, March 18 – October 14) of duration of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 4,581 guarantee contracts, approved another 237 applications, now assessing 1033 applications. Greatest interest is in Tesla cars (2,593 vehicles), followed by Volkswagen (569), Volvo (541), Škoda (533), BMW (288), MG (277), Mercedes (182), Hyundai (158), Kia (119) and SsangYong (104). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 100% currently reserved, NRB paid out CZK 335.4 million (EUR 13.3 million) so far. However, these are not final results of programme, as registration of applications that NRB received before end of receiving applications continues, bank added
October 21, 2024 | 08:55am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: Representatives of Hyundai Motor Company, Airbus, ABB Energy Industries, AFRY, Air Liquide Engineering & Construction, Aramco, BASF Process Catalysts, Bilfinger, Capgemini Engineering, Cellcentric, CibusCell Technology, Dassault Systemes, DuPont Water Solutions, EnBW, E.ON Energy Projects, Everfuel, ExxonMobil Low Carbon Solutions, EY, Fraunhofer ISE, GE Vernova, GKN Hydrogen, Henkel, Holcim, Honeywell UOP, Horiba FuelCon, IBM Consulting, IdTechEx, KPMG, LBBW, Linde Engineering, Mitsubishi Corporation, Parker Hannifin, PwC Strategy&, Ricardo, Rockwell Automation, Schneider Electric, Shell Global Solutions, Siemens Energy, ThyssenKrupp Automation Engineering/Uhde, Trelleborg Sealing Solutions, TÜV Nord EnSys, Zeppelin Power Systems, eFuel Alliance, EBRD, EC (European Commission) to speak at conference on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24). Event divided into six thematic sessions – Strategic Forum, Hydrogen Production, Systems Integration & Infrastructure, Fuel Cell Design, Development & Manufacturing, E-Fuels & Hydrogen Propulsion, Carbon Capture, Utilisation, Storage & Blue Hydrogen
October 21, 2024 | 08:49am CETflashread more
GlobalData: Global new light vehicle sales down by 3.6% to 7.55 million in September, up by 0.4% to 63.77 million in Q1-3 (Western Europe -4.1% to 1.18 million, +1.1% to 10.08 million; Eastern Europe including Turkey and Russia +10.2% to 398,685, +17.4% to 3.36 million)
October 21, 2024 | 08:42am CETflashread more
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad Nisou and Mladá Boleslav, Czechia; turnover over CZK 250 million/EUR 10 million) developed device for continuous monitoring of internal safety parameters of traction battery during storage and series production of electric vehicles (EVs), allowing continuous monitoring of values and alarm declaration (fire department, SMS, PCO) in case of exceeding limits. Compared to conventional thermal camera monitoring, Watchdog significantly increases time to react to safety risk. First customer is Škoda Auto with its plants in Mladá Boleslav and Kvasiny, Czechia
October 18, 2024 | 10:49am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: More than 800 exhibitors, including 3M, ABB, AGC Chemicals, AIP Automotive, Air Liquide, Air Products, Atlas Copco, BASF, Bibus, Bilfinger, Bosch, ContiTech, Cylinders Holding, Daido Steel, Donaldson, Dräger, DuPont, E.ON Energy Projects, ElringKlinger, Engie, Evonik, Freudenberg, GKN, Henkel, Hexagon Purus, Honeywell, Horiba, Ingersoll Rand, Kamax Automotive, Kawasaki Gas Turbine, Kyocera AVX Components, Linde Engineering, MAN Energy Solutions, Mann+Hummel, Mitsubishi Heavy Industries, Mitsui, Nippon, Parker Hannifin, Rheinmetall, Röchling, Schaeffler, Schneider Electric, Senior Flexonics, SIAD, Siemens, Sumitomo, SVÚM, ThyssenKrupp Automation Engineering, Toyota Motor Europe, Toyota Tsusho, Trelleborg Sealing Solutions, TÜV Nord, TÜV Süd and Voestalpine, to join exhibition on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24)
October 18, 2024 | 10:38am CETflashread more
Battery Value Chain as Opportunity: Czech Battery Cluster (ČBK), Central Bohemian Innovation Center (SIC), CzechInvest to hold in Prague on October 21 seminar on comprehensive view of battery ecosystem in Czechia. Event connects Czech universities, state administration, private sector with aim of strengthening cooperation in field of production, recycling, use of batteries. Representatives of Zebra Group, REMA Battery, Kovohutě Příbram, H Test (Htest), EcoTech Hub, Czech E-mobility Platform, VŠCHT, UCEEB ČVUT to speak at seminar
October 17, 2024 | 08:50am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 7.1% in Q3, by 2.8% to 6.52 million in Q1-3 (VW -6.6%, -2.5%; Škoda +6%, +4.5%; SEAT+Cupra -4.4%, +7.7%; VW Commercial Vehicles -11.8%, +3.6%; Audi -16%, -10.9%; Bentley -35.6%, -26.6%; Lamborghini +18.7%, +8.6%; Porsche -7%, -6.9%; MAN -29.4%, -18%; VW Truck & Bus +28.4%, +20.5%; Scania +1.6%, +9.3%; International Motors/Navistar +40.5%, -2.1%). Competitive situation in China is particularly intense (Q1-3: -232,500), which is main reason for global decline in our deliveries (-191,100), Schubert said. Sales excluding China up by 0.9% (+41,400) to 4.47 million units
October 17, 2024 | 08:42am CETflashread more
National Development Bank (NRB) stopped accepting applications for Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs) on October 14 at 2:30pm, as allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers) were used up in almost seven months (30 weeks, March 18 – October 14). Support for electromobility continues in coal regions of Czechia (Moravian-Silesian Region, Ústí Region, Karlovy Vary Region), where NRB provides interest-free loans to small and medium-sized entrepreneurs as part of Transformation programme (CZK 500,000 to 100 million/EUR 20,000 to 4 million, maturity up to 10 years) for purchase of electric vehicles intended for delivery, service and other similar purposes
October 17, 2024 | 08:31am CETflashread more
National Development Bank (NRB) accepted applications for 5,631 electric vehicles, 2,427 charging stations in Czechia during more than six and half months (29 weeks, March 18 – October 7) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 90% (CZK 1.75 billion/EUR 70 million) currently reserved, NRB paid out CZK 298 million (EUR 11.8 million) so far
October 16, 2024 | 10:31am CETflashread more
Vehicle Segment
Henniges Automotive wants to expand plant in Czechia
November 21, 2018 | 11:44pm CEToriginalLocation, new halls and production lines, HR, timing, amount of investment, products and clients, R&D center enlargement, suppliers…
read moreInsurance companies in Czechia raised prices of damage liability in 2018
November 19, 2018 | 11:21pm CEToriginalThe increase of insurance premiums by units to tens of percent according to risk, reasons, situation in commercial vehicles and fleet clients, statements of individual companies...
read moreBroadcom demands Volkswagen to pay USD 1 billion in patent dispute
November 15, 2018 | 09:30pm CEToriginalAt the same time, the company is threatening to demand a court suspension of the production of several VW, Audi and Porsche models. An earlier lawsuit against Toyota and Panasonic...
read moreConstellium opened second plant in Czechia
October 14, 2018 | 08:48pm CEToriginalLocation, the amount of investment, expansion of the first factory, timing, HR, target capacity, a shift from semi-finished to machined parts…
read moreBöhm Plast-Technik changed ownership structure
September 11, 2018 | 07:06pm CEToriginalThe original and new shareholder structure, reasons, transaction advisor, products and clients, revenues in 2017, HR...
read moreBosch cut down number of process errors in DNOx production by half in České Budějovice, Czechia
September 6, 2018 | 06:15pm CEToriginalThe elimination of defective work is helped by the data analysis and the neural network in the plant. Current monthly production, clients, financial results in 2017…
read moreCars on Riverside 2018: Seven brands added, two dropped out compared to last year
August 30, 2018 | 03:24am CEToriginalThe second year should host over 100 cars and vans of 25 brands and 9 groups. Details, accompanying program, partner, estimated attendance of the first year...
read moreŠkoda chose two new agencies for marketing communication
August 30, 2018 | 02:26am CEToriginalOne has already been working for the Volkswagen Group, the other recently joined Europe. Joint venture in Czechia, the previous agency, a new advertising agency in Germany...
read moreGumotex won big contract from Volkswagen Group
August 28, 2018 | 08:39pm CEToriginalProducts, volume, models, timing, investments in automation and robotics, integration of the company UP Závody, a new director of the Automotive Division...
read moreNippon Kayaku restored production in Czech plant Jablůnka in facility previously hit by explosion
August 23, 2018 | 05:25pm CEToriginalProducts affected, clients, current production capacity, full scale capacity plan, cause of explosion, renaming of Indet Safety Systems, new president, HR...
read moreAutomakers: Fall of Turkish lira to be unlikely reflected in prices of cars, vans imported to Czechia in 2018
August 23, 2018 | 05:11pm CEToriginalToyota, Ford, Fiat, Hyundai or Renault vehicles are produced in Turkey. Statements of the importers...
read moreToyota, PSA changed recruitment strategy in Czech plant
August 20, 2018 | 04:43pm CEToriginalPrevious and present status, cooperation with personnel agencies, new vice president of TPCA...
read moreHyundai increased starting, basic salary along with transport allowance in its Czech plant
August 20, 2018 | 04:24pm CEToriginalThis concerns both permanent and agency staff. Details, increase in holiday length, average monthly income in the Nošovice factory in 2017...
read moreAuto Esa opened branch in ninth city in Czechia
August 20, 2018 | 04:14pm CEToriginalLocation, offer, services, HR, the company's first roofed used car shop…
read moreKažimír: Slovakia is in finals for fifth automaker
June 5, 2018 | 07:58pm CEToriginalAccording to the Slovak Minister of Finance, everyone knows it and many people drive in its vehicles. Possible investors, the considered site, timing of the announcement...
read moreDieselgate: Porsche recalls 60,000 cars due to illegal emission measurement software
June 5, 2018 | 07:38pm CEToriginalAffected models and engines, numbers of cars, investigation of managers, arresting the head of powertrain development...
read moreChina to reduce duty on imports of cars, auto parts
May 28, 2018 | 11:53pm CEToriginalOriginal and new tariffs, timing, negligible impact of the measure, the current import volume...
read moreAutofox Advert: Autofox expands advertising services with Autofox Offer and Autofox Order
May 14, 2018 | 10:38pm CEToriginalMediation of instantly available products/services and orders, new business opportunities for those who supply as well as demand, benefits for Autofox News subscribers, innovated banner advertising Autofox Banner, outline of the near future...
read moreUnion of Czech plant of Automotive Lighting announced strike alert
May 9, 2018 | 11:02pm CEToriginalNegotiations on a new collective agreement, trade union requirements, mediator's request, average wage, alleged breaching of the current collective agreement...
read moreBosch extended pre-retirement program in one plant in Czechia
May 6, 2018 | 10:09pm CEToriginalTiming, employee interest, social program costs, new collective agreement, wage increase, changes in employment contracts, employee loans...
read morePSA to produce Peugeot, Citroën vehicles in UK
April 24, 2018 | 01:02am CEToriginalLocation, the amount of investment, timing, models, volume, HR, government support, insecurity associated with Brexit...
read moreChina to abolish obligation for foreign companies to create joint ventures in vehicle, ship, aircraft production
April 24, 2018 | 12:53am CEToriginalTiming for passenger and commercial vehicles, electric cars and plug-in hybrids, comments...
read moreDura Automotive acquired new orders, plans to invest tens of millions of dollars in Czechia
April 19, 2018 | 11:21pm CEToriginalNew projects for European automakers, business and financial results of Czech factories, HR, wage increase, products and clients, investment incentive from CzechInvest...
read moreMagna to invest EUR 40 million in Czechia
April 19, 2018 | 12:36am CEToriginalLocation, construction of halls, timing, products, HR, R&D investments, clients, production plan, no use of recruitment agencies...
read moreUS aluminum, steel duty should not affect Czech auto parts makers
March 26, 2018 | 01:08am CEToriginalThe problem could arise after a possible imposition of car duties. Statements of Magna, Grammer, Brisk, Bosch and SaarGummi representatives...
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Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
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SELECTED ARTICLES
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King Long expands in Europe, established partner for Czech Rep and Slovakia
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Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
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Brano aims to develop its own electric vehicle, later might start producing it
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Source: ECB, November 20, 2024